What Would You Do If
You Could Get Paid NOW?
Confidently take on more orders, be more competitive by offering extended payment terms, and go after those larger deals. With NOWaccount®, you can GROW FEARLESSLY!
With NOWaccount, you choose which customer accounts you want to receive payment on NOW®, while your business and government customers continue to enjoy the free and flexible payment terms they require.
If your customers take 30, 60, or even 90 days or more to pay, NOWaccount lets you turn your receivables into cash – all for the same or less than the cost of accepting a credit card for payment.
How NOWaccount Works:
- You choose which customers to enter into your NOWaccount.
- All of your selected customers' invoices are submitted into your NOWaccount. Customers may be removed at any time, however, once removed, they may not be resubmitted for 12 months.
- You receive approval decisions on your customers within 48 hours.
- NOWaccount pays 90% of the invoice amount, less any applicable surcharge, within 5 business days of invoice acceptance.
- You receive the 10% reserve, less the 2.5% fee, 30 days after invoice maturity (minimum 60 days after purchase).
- You have no credit risk on the customer. NOWaccount assumes liability for the customer payment. However, you are responsible for customer disputes.
- Your fee is based on the terms you offer, not when, or if, the customer pays.
- 2.50% for up to Net 30 Day Invoice
- 2.75% for up to Net 60 Day Invoice
- 3.00% for up to Net 90 Day Invoice
- 1% surcharge for international customers (outside the U.S.)
- $35/mo. Merchant Service Fee